Robert W. Baird Reaffirms Their Buy Rating on Fidelity National Info (FIS)

In a report issued on March 28, David Koning from Robert W. Baird maintained a Buy rating on Fidelity National Info (FISResearch Report), with a price target of $138.00. The company’s shares closed last Tuesday at $101.99.

According to TipRanks.com, Koning is a 5-star analyst with an average return of 10.4% and a 64.8% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Exlservice Holdings.

Fidelity National Info has an analyst consensus of Moderate Buy, with a price target consensus of $132.00, a 34.5% upside from current levels. In a report issued on March 28, KeyBanc also maintained a Buy rating on the stock with a $135.00 price target.

See the top stocks recommended by analysts >>

Based on Fidelity National Info’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.67 billion and net profit of $291 million. In comparison, last year the company earned revenue of $3.32 billion and had a net profit of $104 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 1968, Florida-based Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions.

Read More on FIS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More